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  3. return on assets the following information was tak

Return on Assets The following information was taken from recent Apple Inc.'s financial statements. Numbers...

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Return on Assets The following information was taken from recent Apple Inc.'s financial statements. Numbers are in millions. 2017 2016 Net Income $48,351 $45,687 Total Assets 375,319 321,686 Required a. What was Apple's return on assets for 2017 and 2016? (Round to one decimal point) b. Based on your answer from part a., how did the company's performance change from 2016 to 2017? a. 2017 2016 0 % Return on Assets 096 b. Apples's performance, as measured by its return on assets, from 2016 to 2017

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